One of the biggest blind spots that many Web3 founders often ignore is: focusing too much on technology and forgetting the needs, behaviors and experiences of end users. Here's why this is dangerous and costs them money:
1. “Build it and they will come” – Common mistake
Many Web3 projects were born with the belief that:
• Just build truly "decentralized" products, use "cool" blockchain, and truly unique tokenomics that will attract users.
Reality: general users don't care about decentralization, they care about practical utility, ease of use, and immediate value. If the experience is confusing (eg: having to install a wallet, buy tokens, understand gas fees...), users will leave.
2. Lack of sustainable business model
Many Web3 startups depend on:
• Token price increases to fund the project.
• Airdrop, staking rewards to retain users.
But those things do not create long-term value, only attracting people for financial benefits. When rewards decrease or token prices drop → 0 reply
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